Coatue reportedly building multibillion-dollar JV with chip startup MatX to lock in HBM and wafer capacity
zephyr_z9 · x · 2026-09-05
Per a scoop, Coatue is working on a first-of-its-kind multibillion-dollar joint venture with chip startup MatX, which Anthropic discussed buying this year. The JV would finance purchases of memory and logic dies plus fab capacity, helping MatX survive shortages as Nvidia and hyperscalers lock up supply. Commenters note logic wafers are harder to secure and suggest Intel capacity over TSMC, with possible US government involvement.
Related event: Coatue in Talks to Form Multi-Billion Dollar Venture with Chip Startup MatX(2 posts)→
More from Venture
- Satirical Post: $1B 'AI Trading Lab' Allegedly Trades on Model-Release Insider Info — StewartalsopIII · 2026-10-20
- a16z's Ben Horowitz says AI buildout isn't the 90s bubble — an investor pushes back — henloitsjoyce · 2026-10-20
- DeepSeek hands inference providers 90%+ margins, pressuring Moonshot and Zhipu hosting deals — teortaxesTex · 2026-10-20
- a16z leads Eka Robotics Series A, betting on Vision-Force-Action models for dexterous manipulation — a16z · 2026-10-20
- Salesforce signs definitive agreement to acquire customer engagement platform Braze — thedealdirector · 2026-10-20
- Anthropic and OpenAI API gross margins claimed to be as high as 95% — zephyr_z9 · 2026-10-20